American Greed Bonus Edition: The First 10 Minutes - Vintage Wine Fraud | CNBC Prime

[@draileduncommon]

Yet Rudy kumiawan proved that even the experts cant tell different between cheep and expensive wines. Only thing that makes a wine more expensive is the price itself. If a person believes its better because its old or expensive thats on them.

[@oysterman962]

Agree with your comment. Taste is also subjective. Expensive wines are hyped up for marketing prestige. The whole luxury Bordeaux industry is pretentious smoke and mirrors. Considering the 1st growth producers are manufacturing upwards of 20,000 or more cases per annum, it's not even a rare commodity. It's the negociants that mark up the prices for the retail market, which is the equivalent of allowing real estate agents to set the pricing for houses. Obviously they want to make the biggest commissions, so prices are artificially inflated. On the contrary, some smaller, unknown, unclassified French wineries are only averaging 5,000 cases per annum and cost a quarter of the price. Moreover, the larger, wealthy producers or corporate owners e.g LVMH and AXA Insurance are buying out the farmers and acquiring many of the smaller vineyards and hiring the same winemakers as the top producers and incorporating their skills into them; thereby improving the quality overall. Consequently any Bordeaux wine produced from 2015 onwards is usually of fairly good standard. Arguably, lower graded brands are on par if not better than the top producers, as the technological advancements in modern wine making is able to overcome the faults of the industry in the past. Also, farmers since 2022 are now allowed to irrigate in draught affected regions. Call it cheating but there's no excuse for a bad wine year anymore. Only overpriced and over hyped wine.

[@peterbradshaw8018]

Vino Duplicitas by Peter Hellman is the book to read on the topic of Rudy and his scam and the world surrounding expensive wines.

[@owenwilson8822]

CNBC obviously doesn't have the internet....otherwise, they would know that this documentary already exists. Its called Sour Grapes and its great to watch!

[@subarashi5032]

That music at the beginning is so beautiful, may I know what is it admin? Thank you

[@bt2133]

The only thing i feel sorry about is that Rudy got caught. It's disgusting that people with so much money have nothing better to do then spend it on lavish wines.. and even yet, they cannot taste the difference between a good wine and a fake. What a bunch of morons. Instead of solving real issues like homelessness and poverty -- they spend it on wine. I'm glad they were scammed.

[@natalianakoriakova8084]

Not only money spent on lavish wines but on FAKE ones lol. Which means they no nothing about wines and couldn't distinguish fakes from authentic. Good they got ripped off.

[@thatguynexus5935]

Only thing i feel about is him getting caught.

[@FactNinja]

Booooo hoooooo…. Want some cheese with that?

[@car24dude]

Want some cheese to go with that whine?

[@craigdutton6924]

Lol 😂 as a bottle collector but empty ones 🤣the motto is if ya dad sells bottle don’t even trust him lol 😂

[@iamatrader666]

In this case, I don't mind all those people getting scammed.

[@Nighthawk-8050]

Yeah especially the rich ones

[@ceez8731]

alot like Fyre fest

[@peterbradshaw8018]

Do you mind when you get scammed

[@peterbradshaw8018]

Do you mind when you get scammed

[@car24dude]

He will continue to make wine in prison, Jailhouse Hooch.

[@muklisardiansyah5146]

His uncle is spamer and corruptor as well

[@ceez8731]

yes 400 million in assets stolen by his uncle. sheesh.

[@carrietezeno6327]

Good Bless Afternoon Everyone Happy Bless Saturday I Am Hook On This Love The Narrator Thank You Stacy K How Can People So Quickly To Invest MONEY 💰 In People Look Before You Leap

[@sylvesterjayproductions7047]

First 10 MIN. GET THIS CRAP OFF YT

[@sokocul]

And he is indonesian wkwkwkkw

[@bellamarley9455]

Chinese....fraudster.....shocker

[@els8854]

Paman koruptor keponakan penipu anggur, pamannya pasti kecewa, pamanya aja pas korupsi ngga ketangkep sampe sekarang, dianya malah ketangkap. Ilmu gostingnya kurang belajar ama pamannya

[@dancor8380]

What difference does it make it they cant taste it 🤷‍♂️ kinda.... funny capitalist are getting burned at their own game 😂